254
254
Sep 5, 2012
09/12
by
CNBC
tv
eye 254
favorite 0
quote 0
last night they got a personal testimonial from michelle obama about barack obama the husband and father. tonight they will get a economic testimonial from bill clinton. what he will say is what he said in this ad that he cut in august saying republicans are running on the same old formula of cutting taxes at the top. against the democratic incumbents program that was like his. >> president obama has a plan to rebuild america from the ground up. investing in invasion, education, and job training. it only works if there is a strong middle class. that's what happened when i was president. we need to keep going with his plan. >> and michelle obama may have the highest numbers, but bill clinton is saying that barack obama moved away from his policies, but expect him to try to rebut that tonight. >> so it president obama's policy similar to bill clinton's? joining me is peter orszag. he is now the banking chairman for citi group. so president clinton got a lot accomplished in his second term as he moved toward the center. do you think president obama will have to move to the center to reach t
last night they got a personal testimonial from michelle obama about barack obama the husband and father. tonight they will get a economic testimonial from bill clinton. what he will say is what he said in this ad that he cut in august saying republicans are running on the same old formula of cutting taxes at the top. against the democratic incumbents program that was like his. >> president obama has a plan to rebuild america from the ground up. investing in invasion, education, and job...
287
287
Nov 5, 2012
11/12
by
CNBC
tv
eye 287
favorite 0
quote 0
president obama. that's indicative of a obama win. a lot of people noted big dividend players, r echleits, telecom, some argue higher taxes from president obama on dividends, indicate president obama likely victory. bottom line, the markets are not sending a clear signal either way. back to you. >> bob, thank you so much. here's a sobering report on taxes. goldman sachs says it doesn't matter who win. dif dent and capital gains taxes will go up regardless. for president obama we're talking between 20% and 30% or more. for governor romney, we're talking 19% if republicans don't win a majority in the senate. joining me, long-time obama adviser, robert wolf, former chairman of ubs america and now on reuters television. thank you for joining us. do you agree regardless of who takes the white house, investors will see tax increase? >> yes. we're all talking about the fiscal cliff. we need revenues. irrespective of who comes in to fix the debt, you'll have to raise taxes. it's clear to me. how far will they
president obama. that's indicative of a obama win. a lot of people noted big dividend players, r echleits, telecom, some argue higher taxes from president obama on dividends, indicate president obama likely victory. bottom line, the markets are not sending a clear signal either way. back to you. >> bob, thank you so much. here's a sobering report on taxes. goldman sachs says it doesn't matter who win. dif dent and capital gains taxes will go up regardless. for president obama we're...
565
565
Oct 23, 2013
10/13
by
CNBC
tv
eye 565
favorite 0
quote 0
and then another flaw in obama care exchanges. we'll have details and discuss if obama care can recover from its continuing pr disasters. our special power pitch tournament. we crown a champ. marcus is picking the winner in today's start-up race. you're watching the "closing bell" on cnbc. here at fidelity, we give you the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> stocks losing ground on caterpillar earnings. worries about financial conditions in china and europe. let's check in with dominic chu and see what's movering and shaking. >> we again with akamai, moving higher in the after hours after reporting better than expect
and then another flaw in obama care exchanges. we'll have details and discuss if obama care can recover from its continuing pr disasters. our special power pitch tournament. we crown a champ. marcus is picking the winner in today's start-up race. you're watching the "closing bell" on cnbc. here at fidelity, we give you the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price...
213
213
Jun 14, 2012
06/12
by
CNBC
tv
eye 213
favorite 0
quote 0
both president obama and mitt romney gave speeches today. neither afraid of taking a shot at another candidate. starting off with machinery that explained what was going on with this intrastate rivalry. >> you may have heard that president obama is on the other side of the state and he is going to be delivering a speech on the economy. he is doing that because he has not delivered a recovery for the economy. meanwhile, president obama also giving a speech on the economy in ohio and billion, framing this as a battle for the future of the economy and making a stark contrast between his policies and those of machineit romney, listen to that as well. >> they're policies did not grow the economy. they did not grow the middle class. they did not reduce our debt. why would we think that they would work better this time? >> interestingly, barack obama did make an oblique reference to his gaffe of last week when he suggested that the private sector was doing just fine. he said that wasn't the first gaffe he made and it probably won't be the last one
both president obama and mitt romney gave speeches today. neither afraid of taking a shot at another candidate. starting off with machinery that explained what was going on with this intrastate rivalry. >> you may have heard that president obama is on the other side of the state and he is going to be delivering a speech on the economy. he is doing that because he has not delivered a recovery for the economy. meanwhile, president obama also giving a speech on the economy in ohio and...
273
273
Jan 29, 2010
01/10
by
CNBC
tv
eye 273
favorite 0
quote 0
i will sit down with the french finance minister to get her thoughts on president obama's plans for the banking sector. i'll also talk with stephen schwarzman, the ceo of the blackstone group, to find out how private equity's doing now and where he's finding investment opportunities. here's a hint, we'll talk india. it's all coming up on "closing bell." back to you. >> sounds great, maria. i'm michelle caruso-cabrera here at cnbc headquarters. wall street wrapping up on a downmote. s&p 500 down for the month mark the third straight january for the index. the last time we saw was between 1968 and 1970. you remember those days? we're going to see a down year based on the so-called january barometer. are we? we're going to explore that a little bit later on in the show. first, though, here's a look at how we finished the day on wall street. the industrials are lower by 56 points, 10063. a decline of about half a percent. the s&p 500 lower by a full 1%. 1073. the nasdaq got hit very hard and what you're looking at there is actually an improvement from the worst levels and they were bad. dow
i will sit down with the french finance minister to get her thoughts on president obama's plans for the banking sector. i'll also talk with stephen schwarzman, the ceo of the blackstone group, to find out how private equity's doing now and where he's finding investment opportunities. here's a hint, we'll talk india. it's all coming up on "closing bell." back to you. >> sounds great, maria. i'm michelle caruso-cabrera here at cnbc headquarters. wall street wrapping up on a...
168
168
Oct 15, 2013
10/13
by
CNBC
tv
eye 168
favorite 0
quote 1
talking about obama care stuff again. that debate's been had. i think at the end of the day you need someone like ryan and murray together to pass that and start talking real budget reform, which is what everyone's for. >> that's where i want to get your insights for, the real budget reform. once we get past this emergency moment, and we've got to get past it. now you're hearing from ratings agency, perhaps this will put a fire under them to get something done, but how do you approach the issue of debt and how do you approach the issue that spending does need to come down. do you agree with that, by the way? >> first of all, i definitely agree we have to have the debt come down. i look more at the deficit, which has shrunk dramatically. everyone talks about debt but it's debt as a percentage of gdp. it's a percentage of debt to gdp, which we need to be around 65% to be at aaa. we those make no sense. we are smarter as a country than to have plunt objects. or something like medicare. and on the flip side we will have to make sure its revenues are
talking about obama care stuff again. that debate's been had. i think at the end of the day you need someone like ryan and murray together to pass that and start talking real budget reform, which is what everyone's for. >> that's where i want to get your insights for, the real budget reform. once we get past this emergency moment, and we've got to get past it. now you're hearing from ratings agency, perhaps this will put a fire under them to get something done, but how do you approach the...
231
231
Oct 17, 2012
10/12
by
CNBC
tv
eye 231
favorite 0
quote 0
obama and romney. >> romney gives rhetoric. obama gives facts. >> we just want the facts here. we just want to look at economic landscape and how to allocate money so our viewers get value out of this. we appreciate your time tonight, gentlemen. see you soon. thank you so much. >> thank you very much. >> up next, food inflation and the fiscal cliff. you'd think the head of the largest grocery chain in the united states would be one of the most pessimistic ceos out there. actually, he's quite optimistic. the head of kroger will sit down with me for an interview you'll see only on this network. >>> later -- >> it's a disaster. massive balance problems. it's a debt to equity, a debt to gdp ratio of over 90%. >> harsh words about india from billionaire investor jim rogers. bill talking with the head of icici, one of the biggest banks in india coming up. she sees it a different way. she's still seeing double-digit growth in revenue. stick around. we'll get her takes. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob.
obama and romney. >> romney gives rhetoric. obama gives facts. >> we just want the facts here. we just want to look at economic landscape and how to allocate money so our viewers get value out of this. we appreciate your time tonight, gentlemen. see you soon. thank you so much. >> thank you very much. >> up next, food inflation and the fiscal cliff. you'd think the head of the largest grocery chain in the united states would be one of the most pessimistic ceos out there....
226
226
Jan 7, 2010
01/10
by
CNBC
tv
eye 226
favorite 0
quote 0
president obama speaking right now. get to washington. >> christmas terrorist attack are now complete. i was just briefed on the findings and recommendations for reform. and i believe it's important that the american people understand the new steps that we're taking to prevent attacks and keep our country safe. this afternoon my counterterrorism and homeland security adviser john brennan will discuss his review into our terrorist watch list system. how our government failed to connect the dots in a way that would have prevented a known terrorist from boarding a plane for america and the steps we're going to take to prevent that from happening again. secretary of homeland security janet napolitano will discuss her aviation screening, technology and procedures. how that terrorist boarded a plane with explosives that could have killed nearly 300 innocent people and how we'll strengthen aviation security going forward. so today i want to just briefly summarize their conclusions and the steps that i've ordered to address the
president obama speaking right now. get to washington. >> christmas terrorist attack are now complete. i was just briefed on the findings and recommendations for reform. and i believe it's important that the american people understand the new steps that we're taking to prevent attacks and keep our country safe. this afternoon my counterterrorism and homeland security adviser john brennan will discuss his review into our terrorist watch list system. how our government failed to connect the...
253
253
Oct 25, 2012
10/12
by
CNBC
tv
eye 253
favorite 0
quote 0
the obama campaign burnt through $470 million. another $255 million came from the democratic national committee. the top three pro-obama super pacs dumped in another $53.7 million. team obama comes in with over $779 million in spending. follow me over here to the challenger's side. you see that the romney campaign spent over $298 million. the republican national committee peopled on another $249 million. the top three pro-romney super pacs added a whopping $156.5 million. again, according to the center for responsive politics. total spent, more than $700 million. so far, team obama manages to outspend the romney camp by more than $75 million. keep in mind, this doesn't include all of the spending still going on in october, a key month in any election year. that's going to push through to election night. there's going to be a lot more spending still to come. these are the numbers as we're looking at it so far. >> wow. big numbers there. thanks so much, eamon. >>> up next, the drum beat gets louder ahead of apple's results due out m
the obama campaign burnt through $470 million. another $255 million came from the democratic national committee. the top three pro-obama super pacs dumped in another $53.7 million. team obama comes in with over $779 million in spending. follow me over here to the challenger's side. you see that the romney campaign spent over $298 million. the republican national committee peopled on another $249 million. the top three pro-romney super pacs added a whopping $156.5 million. again, according to...
212
212
Sep 26, 2012
09/12
by
CNBC
tv
eye 212
favorite 0
quote 0
president obama wants to increase it to $300 million. in the barclays settlement alone for manipulation, they levied a fine of $200 million. i think it's a matter of resources. in the wake of snl crisis, 1,000 executives pled guilty or were convicted of felonies. we have not seen the kind of aggressive pursuit that we saw last time, and we do need to see it. look, i don't think we ought to be demanding heads on a stake. we don't want that kind of justice. we have to come away with a sense there has been a thorough and full investigation of potential wrongdoing. i still think that that's on the table, maria. >> so you think it's just that they don't have the resources to actually look as effectively as they should be. that's the reason you think we haven't seen any criminal prosecutions. >> i think that's part of the season, but i also think over the last two or three decades there's been a culture of weak enforcement where there's wrongdoing. a bank is assessed a penalty. for example, goldman violated some protocols around what are calle
president obama wants to increase it to $300 million. in the barclays settlement alone for manipulation, they levied a fine of $200 million. i think it's a matter of resources. in the wake of snl crisis, 1,000 executives pled guilty or were convicted of felonies. we have not seen the kind of aggressive pursuit that we saw last time, and we do need to see it. look, i don't think we ought to be demanding heads on a stake. we don't want that kind of justice. we have to come away with a sense there...
213
213
Oct 31, 2012
10/12
by
CNBC
tv
eye 213
favorite 0
quote 0
president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better than 3% on the month with the other major indices not faring much better. mandy drury is here with the october losers and a couple winners as well. >> absolutely. here are some great stats dug up by our cnbc crack data team. all three indices are breaking their four-month winning streak, as for the nasdaq 100, quite a lot of ugliness there on track for its worst october since 2008. it was october 2008 when it fell 16%. as for tech and telecom two of the worst performing sector this is month down more than 4%. apple for one is down over 10% for this month, and that is its largest monthly percentage d
president obama in new jersey with governor chris christie touring some of the hardest hit areas of the state. is this brigantine, nng? this is certainly new jersey and we want to show you some of the other pictures if we can and take you back to the president and governor christie to get their statements as they spent the day today touring some of the worst and hardest hit areas of jersey. as we wrap up an ugly month meanwhile for wall street, the dow jones industrial average is down better...
207
207
Feb 24, 2010
02/10
by
CNBC
tv
eye 207
favorite 0
quote 0
on the second page, it's under "key safety issues" and the first point it says usa dot nates under obama administration not industry friendly. is that a compliment or is that a criticism? >> i can't comment on that. >> what does it mean to you? let me go to the last point, mr. -- perhaps both of you could take this. "the new team has less understanding of engineering issues and are primarily focused on legal issues." can you explain what toyota's meant by that? >> i still don't understand what the big difference between the two, engineer, legal, both are involved anyhow. >> both, what? >> both side have been -- you know will be involved in this discussion anyhow. >> this is an internal toyota document. mr. toyoda, how would you read this? >> translator: i can't understand it. >> my understanding is that both toyota and nhtsa knew about this problem back as early as 2007. and yet it took so long to get it taken care of. is there a regulatory component here that was slowing us down? [ speaking japanese ] >> translator: today i came to understand that this particular document was prepared a
on the second page, it's under "key safety issues" and the first point it says usa dot nates under obama administration not industry friendly. is that a compliment or is that a criticism? >> i can't comment on that. >> what does it mean to you? let me go to the last point, mr. -- perhaps both of you could take this. "the new team has less understanding of engineering issues and are primarily focused on legal issues." can you explain what toyota's meant by that?...
247
247
Sep 28, 2012
09/12
by
CNBC
tv
eye 247
favorite 0
quote 0
. >> everybody in cleveland, no minority got obama for. >> obama phone. she's talking about a real government program that subsidizes cell phones for the poor. guess what? you might be paying for it. did you know that? i'll speak with a congressman about how he's trying to reign it in next. >>> then, think about a 75% tax rate. that could be a reality in france. the question is whether it could happen here. a mitt romney supporter gives us her take in a few minutes. >>> and he's the head of one of the richest sovereign wealth funds. he sits down with me for an exclusive in a few minutes. he owns a number of banks. find out where he's investing. back in a moment. tdd#: 1-800-340 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd
. >> everybody in cleveland, no minority got obama for. >> obama phone. she's talking about a real government program that subsidizes cell phones for the poor. guess what? you might be paying for it. did you know that? i'll speak with a congressman about how he's trying to reign it in next. >>> then, think about a 75% tax rate. that could be a reality in france. the question is whether it could happen here. a mitt romney supporter gives us her take in a few minutes....
314
314
Mar 2, 2012
03/12
by
CNBC
tv
eye 314
favorite 0
quote 0
the new book "the escape artists: how obama's team fumbled the recovery." saying the recovery could have been a lot farther along if he focused on the economy more than his idea of changing history and pushing health care. is he right? joining us now with their thoughts, tony, managing director at hamilton place strategies, also white house press secretary under president george w. bush, and george bernstein on budget and policy priorities for vice president biden. good to see you guys. thank you so much for joining us. >> thank you. >> thanks, maria. >> what's your take, jared? one of shriver's contentions is the $800 billion stimulus wasn't enough, number one, and number two, most of the people did not want the health care legislation, but he pushed it so aggressively. >> well, look, i think in terms of the size of the stimulus package, that was by far the largest stimulus in the history of our country. i remember back in 2008, late 2000 of that year, when the discussion was around $100 billion. an $800 billion stimulus was about as large as a political m
the new book "the escape artists: how obama's team fumbled the recovery." saying the recovery could have been a lot farther along if he focused on the economy more than his idea of changing history and pushing health care. is he right? joining us now with their thoughts, tony, managing director at hamilton place strategies, also white house press secretary under president george w. bush, and george bernstein on budget and policy priorities for vice president biden. good to see you...
200
200
Feb 19, 2010
02/10
by
CNBC
tv
eye 200
favorite 0
quote 0
. >> president obama pushing his economic agenda today in las vegas. up next find out what his visit to sin city in the road to recovery there. >>> president obama on the road again to push his economic agenda in one of the hardest-hit cities in the nation, las vegas, that's where we find jane wells on more on the president's trip and the state of the economy, jane. >> reporter: hi, maria. he met with business leaders here in sin city this afternoon, quote, what happens in vegas is what is happening across america. what government can do versus what it should do to the economy. as you see the tape. to praise senator harry reid who is facing a tough public election challenge but before he talked about any of that, there was something that he wanted to say first. >> let me set the record straight, i love vegas! time that i've gotten an opportunity to visit. in fact, just last night i drew a flush on the river and cut the budget deficit in half! >> reporter: if only it were true, he did get a huge standing ovation but those look for an apology they were d
. >> president obama pushing his economic agenda today in las vegas. up next find out what his visit to sin city in the road to recovery there. >>> president obama on the road again to push his economic agenda in one of the hardest-hit cities in the nation, las vegas, that's where we find jane wells on more on the president's trip and the state of the economy, jane. >> reporter: hi, maria. he met with business leaders here in sin city this afternoon, quote, what happens in...
153
153
Oct 30, 2013
10/13
by
CNBC
tv
eye 153
favorite 0
quote 0
here now, president barack obama. >>> hello, boston! >> it's good to be back in boston. it's good to be back in boston because one of america's best governors introduced me, duvall patrick. give him a big, long applause. it's good to see congressman bill keating here. give bill a big round of applau applause. i want to praise somebody who is not here. i just left him. but he wears his heart on his sleeve. he loves this city so much, and it shows in what he's been doing for years now. one of america's best mayors, tom menino. and it's good to see all of you. you know, i was just at the airport, duvall was nice enough to meet me and mayor menino. mayor menino went back to city hall to work so he could wrap up in time for the first pitch. i'm well aware a presidential visit is not the biggest thing going on today in boston. i understand that. i tried to grow a beard. but michelle, she wasn't having it. i am old enough to remember when the red sox were not in the world series three times in ten years. but i know the chance to win one at home for the first time since 1918 is
here now, president barack obama. >>> hello, boston! >> it's good to be back in boston. it's good to be back in boston because one of america's best governors introduced me, duvall patrick. give him a big, long applause. it's good to see congressman bill keating here. give bill a big round of applau applause. i want to praise somebody who is not here. i just left him. but he wears his heart on his sleeve. he loves this city so much, and it shows in what he's been doing for years...
196
196
Oct 22, 2013
10/13
by
CNBC
tv
eye 196
favorite 0
quote 0
and another potential black eye for obama care story. the associated press is reporting website programmers saw red flags in health exchanges months ahead of the deadline. the reporter who broke the story will be with us. keep it right here on "closing bell." ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh ♪ oh, oh, all the way customer erin swenson ordebut they didn't fit.line customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logi
and another potential black eye for obama care story. the associated press is reporting website programmers saw red flags in health exchanges months ahead of the deadline. the reporter who broke the story will be with us. keep it right here on "closing bell." ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how...
191
191
Dec 3, 2009
12/09
by
CNBC
tv
eye 191
favorite 0
quote 0
. >> let me just pick up on -- >> president obama speaking with white house job summit participants at the white house. talking about what was accomplished today in the job summit. let's get to john harwood and talk about what the results were. >> reporter: i think we got a little road map today of where the administration and perhaps democrats in congress are going to head over the next few weeks when they begin putting together jobs legislation. you can bet with this unemployment rate at 10.2%, you're going to see some legislation. we'll see how far it gets, how expansive it is. the president talking about incentives for green jobs, contractors. there's a cash for caulkers to help people retrofit their house to make them more energy efficient. additional incentives for business hiring is one thing the president speckly praised and said, we consider this an idea worth pursuing. so you may see that as well. also, the idea of more money for state and local governments, both to prevent them from laying off people, perhaps for some direct job creation. so maria, you're not getting an acti
. >> let me just pick up on -- >> president obama speaking with white house job summit participants at the white house. talking about what was accomplished today in the job summit. let's get to john harwood and talk about what the results were. >> reporter: i think we got a little road map today of where the administration and perhaps democrats in congress are going to head over the next few weeks when they begin putting together jobs legislation. you can bet with this...
254
254
Jan 14, 2010
01/10
by
CNBC
tv
eye 254
favorite 0
quote 0
. >> timothy geithner on president obama's dramatic move to tax the banks. "cnbc's exclusive interviews with the with the treasury secretary moments away. hi, everybody. welcome back to the "closing bell." i'm maria bartiromo on a very, very busy day today on wall street. we'll also tell you how corporate america is responding to the crisis in haiti. we're also waiting on intel's fourth quarter earnings report, which may very well set the tone for tomorrow's trading session. cnbc's silicon valley bureau chief jim goldman right new on the outlook for intel. jim? >> reporter: maria, 30 cents a share, $10.2 billion. that's the expectation that wall street is looking for when intel reports in justa i few minutes from now, but wow, are investors looking for something good. bidding these shares up by better than 2% today. and look at the volume on this company. well over 100 million shares traded. average day for these guy, 60 million. it's all going to come down with guidance and what they're looking for as far as q1 and q2 are concerned. those numbers, eminent,
. >> timothy geithner on president obama's dramatic move to tax the banks. "cnbc's exclusive interviews with the with the treasury secretary moments away. hi, everybody. welcome back to the "closing bell." i'm maria bartiromo on a very, very busy day today on wall street. we'll also tell you how corporate america is responding to the crisis in haiti. we're also waiting on intel's fourth quarter earnings report, which may very well set the tone for tomorrow's trading...
126
126
May 17, 2013
05/13
by
CNBC
tv
eye 126
favorite 0
quote 0
>> well, i know a lot of democratic, very high-wealth democratic donors, even to obama, who have told me they've been audited. so anecdotally, i know both democrats and republicans, but i don't have the numbers by political party. >> robert, great reporting, as always. robert thank, thank you so much. my next guest believes he was part of the irs political targeting scandal. billionaire frank van der sloot was singed out publicly a year ago by the obama campaign for giving support to mitt romney. he receives he was almost immediately subjected to two irs audits and a labor department inspection of his ranch business. frank van der sloot joins me now, a ceo of the marketing and wellness company. he joins me right now. good to have you on the program, sir. thanks for joining us. >> thank you, maria. good to be with you. >> let's break this down here. tell us why you think the irs targeting went beyond groups and individuals like yourself. two bigger groups, not just those, you know, charitable functions. >> i want to be really clear. i do not know that the audits that i received have an
>> well, i know a lot of democratic, very high-wealth democratic donors, even to obama, who have told me they've been audited. so anecdotally, i know both democrats and republicans, but i don't have the numbers by political party. >> robert, great reporting, as always. robert thank, thank you so much. my next guest believes he was part of the irs political targeting scandal. billionaire frank van der sloot was singed out publicly a year ago by the obama campaign for giving support...
224
224
Sep 24, 2012
09/12
by
CNBC
tv
eye 224
favorite 0
quote 0
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> welcome back. is it possible to be profitable and still help save the world? the ccuman fund is hoping it can. focused on bringing affordable health care, water, housing and energy to the poor. so far those companies have helped to create close to 60,000 jobs and have brought basic services to tens of millions of people. what's the stor
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you...
147
147
Mar 12, 2013
03/13
by
CNBC
tv
eye 147
favorite 0
quote 0
that's what i ask people who say, why did you repeal obama care? first of all, we think it's a terrible law. second of all, this law has yet to be fully implemented. there's a lot left to go here. and we think as people see the ugly details unfold, we believe this law will collapse under its own weight for lots of reasons. and we believe in a patient-centered health care system, not a government-run health care system. >> so, really, one of the points that i got out of this is that the house republicans, and i take it some senators in the republican party, like ted cruz, who is also coming on tonight. maria, they're going to do everything they can to defund obama care, in order to stop it from going into place. that was one of his key points. >> you know, it's interesting, larry, i mean, how else are they planning on reining things in. surely, he had comments on medicare, medicaid, social security, the entitlements? >> he did. we talked a lot about that. and one of the things that came out is that ryan is willing to compromise. ryan is willing to g
that's what i ask people who say, why did you repeal obama care? first of all, we think it's a terrible law. second of all, this law has yet to be fully implemented. there's a lot left to go here. and we think as people see the ugly details unfold, we believe this law will collapse under its own weight for lots of reasons. and we believe in a patient-centered health care system, not a government-run health care system. >> so, really, one of the points that i got out of this is that the...
710
710
Apr 12, 2010
04/10
by
CNBC
tv
eye 710
favorite 0
quote 0
also, if i may, a couple of headlines coming out of president obama's nuclear summit, in d.c., chinese president hu jintao saying that the u.s. and china should resolve the economic and trade friction through consultation on an equal footing. he also comments at the nuclear summit that the two countries share the same overall goal in iran as far as the nuclear issue is concerned and at the same time president obama has reaffirmed the need for china to continue to take a look at its currency. maria, back to you. >> all right. thank you, matt nesto, with the latest there. we are back talking about higher taxes on a corporate level. marty, you disagree that ta companies will always pass on the cost to the consumer, right? >> right. there is uncertainty as to who would bear the burden of additional tax increases, so itt is no always correct to say it is passed on to the consumer. some of it will be borne by workers, and some of it borne by owners of the company. >> but i mean at some point if a company is seeing squeezed revenue and higher taxes thashg i are going to do something about it,
also, if i may, a couple of headlines coming out of president obama's nuclear summit, in d.c., chinese president hu jintao saying that the u.s. and china should resolve the economic and trade friction through consultation on an equal footing. he also comments at the nuclear summit that the two countries share the same overall goal in iran as far as the nuclear issue is concerned and at the same time president obama has reaffirmed the need for china to continue to take a look at its currency....
227
227
Feb 27, 2012
02/12
by
CNBC
tv
eye 227
favorite 0
quote 0
you want $2.50 a gallon with newt or you want $9 a gallon with obama? >> as for that obama administration, their options are kind of constrained here. one thing they have said or signalled that they are open to is going back to the strategic petroleum reserve, something they did last year but that carries some political risk and no guarantee it would do anything to keep prices down going into november and going into that crucial election month. now let's go over to courtney reagan for the rest of the story. >> the last two weeks, the average price for regular unleaded gasoline has increased 18 cents to $3.69 a gallon. the with east coast getting hit the hardest, paying $3.90 a gal long rocky mountain region the least at 3.10. retailers and consumer discretionary businesses consider $4 a gallon the tipping point, where consumers begin to pull back. according to customer growth partners, u.s. consumers begin to cut back on discretionary spending when their combined energy-related spending reaches 6% of total. right now, we are at 6.2% of total consumer sp
you want $2.50 a gallon with newt or you want $9 a gallon with obama? >> as for that obama administration, their options are kind of constrained here. one thing they have said or signalled that they are open to is going back to the strategic petroleum reserve, something they did last year but that carries some political risk and no guarantee it would do anything to keep prices down going into november and going into that crucial election month. now let's go over to courtney reagan for the...
242
242
Feb 1, 2010
02/10
by
CNBC
tv
eye 242
favorite 0
quote 0
. >>> meanwhile, president obama unveiled a record $3.8 trillion budget today. which will increase the federal deficit to a record $1.56 trillion. cnbc's chief washington correspondent jor harwood joins me now with more. john, the deficit this year is 1.4 -- tell me the numbers as far as this year and what the projections are in the next couple of years. >> reporter: you know, maria, the question for taxpayers is the one that frames the top of your show. do you know where your money is? here are the top line numbers in that budget. $3.8 trillion as you mentioned. $1.6 trillion deficit in this fiscal year, 2010. that's higher than the cbo forecast. it's a record, and it's also a fat target for republicans. next year going down to $1.3 trillion, but the president's goal of making the deficit just 3% of gdp in his first term has slipped. so the president expects some criticism over this budget from the left and right, and he says he doesn't mind as long as it's serious. >> i welcome any idea from democrats and republicans. what i will not welcome, what i reject, is
. >>> meanwhile, president obama unveiled a record $3.8 trillion budget today. which will increase the federal deficit to a record $1.56 trillion. cnbc's chief washington correspondent jor harwood joins me now with more. john, the deficit this year is 1.4 -- tell me the numbers as far as this year and what the projections are in the next couple of years. >> reporter: you know, maria, the question for taxpayers is the one that frames the top of your show. do you know where your...
893
893
Apr 9, 2012
04/12
by
CNBC
tv
eye 893
favorite 0
quote 0
do you think, one of these gop candidates, can actually win president obama? >> i think the answer is yes. even today with the republicans having beat each other to a a pulp, president obama barely breaks 50%. and the economy, news hasn't been bad over all except for the gas pump. still can't dwracapital great 5. if you ant can't do that in event when you have a little bit of wind behind your back, what happens in november when republicans put out their own proposals and obama will come in with negativity. criticism. obama will have a good tax proposal and other good proposals, along the lines of paul ryan, people will say, in massachusetts he turned around the olympics, let's take a clans on him. >> what is your best guess in terms of his who his running mate is, romney? >> oh, lord. have you everyone. you'll be on the list before this is over. i would give probably precedent to someone like governor of louisiana. >> because rubio is there and paul ryan. >> paul ryan would be great but i'm not sure he will get the nod. you will hear other names like susan mar
do you think, one of these gop candidates, can actually win president obama? >> i think the answer is yes. even today with the republicans having beat each other to a a pulp, president obama barely breaks 50%. and the economy, news hasn't been bad over all except for the gas pump. still can't dwracapital great 5. if you ant can't do that in event when you have a little bit of wind behind your back, what happens in november when republicans put out their own proposals and obama will come...
208
208
Sep 11, 2012
09/12
by
CNBC
tv
eye 208
favorite 0
quote 0
obama's idea. a poll we've been mentioning today has the president now leading mitt romney on his dealings for the economy. i was actually very surprised at this because romney/ryan have put the economy and economic issues at the front burner. the president has the confidence. >> i think that's sort of an effect of the convention and the more favorable coverage he got for his convention than mitt romney. i think this is a neck and neck election. i really don't think the people of america really trust the president on the economy. the numbers that came out last week were catastrophic. 360,000 people leave the work roles. i mean, the only reason we were at 8.1% unemployment is not because anybody got jobs. because people quit. they just stopped working. >> they stopped looking. >> they're not going to look for jobs because it's so bad. i think that's going to come back to haunt the president, sooner rather than later. >> mr. giuliani, thank you for joining us on the program. see you soon. thanks so m
obama's idea. a poll we've been mentioning today has the president now leading mitt romney on his dealings for the economy. i was actually very surprised at this because romney/ryan have put the economy and economic issues at the front burner. the president has the confidence. >> i think that's sort of an effect of the convention and the more favorable coverage he got for his convention than mitt romney. i think this is a neck and neck election. i really don't think the people of america...
251
251
Oct 22, 2012
10/12
by
CNBC
tv
eye 251
favorite 0
quote 0
i am of the opinion that obama is probably going to win and the market would rather see romney. if that turns out to be true, i don't think that causes panic but we lose some of the enthusiasm. it's been a great year for stocks. i think we start to lose some of that enthusiasm if in fact obama goes onto win. >> partly this market reversal here from very strong rally mode earlier in the year on central bank easing and fed stimulus has turned as a result of earnings. herman, let's talk yahoo! for a moment. waiting on numbers to come out. are you expecting yahoo! to have seen what some of the other technology names have seen and that is a slowdown? >> for yahoo! it's different. obviously google's earnings last week set up an expectation to be not that high for yahoo!. and yahoo! is going through a change in regime whether it's the ceo, cfo, as well as head of sales. not expecting much for numbers there. the focus will be more on the company strategic direction and growth opportunities going forward. >> david, what do you think? >> what's more important here is the fact that microso
i am of the opinion that obama is probably going to win and the market would rather see romney. if that turns out to be true, i don't think that causes panic but we lose some of the enthusiasm. it's been a great year for stocks. i think we start to lose some of that enthusiasm if in fact obama goes onto win. >> partly this market reversal here from very strong rally mode earlier in the year on central bank easing and fed stimulus has turned as a result of earnings. herman, let's talk...
286
286
Jun 28, 2012
06/12
by
CNBC
tv
eye 286
favorite 0
quote 0
mitt romney took aim at the decision today. >> obama care puts the federal government between y y and your doctor. >> so what does the ruling mean for the health care industry in let's talk about it as we bring in david kor dan in a the ceo of cigna, and president obama's former doctor until 2008. let me kick this off with you, doctor. you cared for pb, but you were not a fan of the health care legislation, why? >> insurance companies running the show, we know the cost of administration of insurance is about $400 billion a year. part of that cost is the salaries that the executives make. i believe mr. cordani makes 150 times what i make in a year. it is a tremendous cost of insurance. 26 million people will not be covered when this bill goes through. there's going to be a very poor court reporting school of the costs of care, the health insurance premiums will continue -- i have excellent insurance. my wife and i paid $7,000 last year in personal costs. when she had a bad accident, the insurance company refused to pay for the ambulance because they're not in our network. they never ge
mitt romney took aim at the decision today. >> obama care puts the federal government between y y and your doctor. >> so what does the ruling mean for the health care industry in let's talk about it as we bring in david kor dan in a the ceo of cigna, and president obama's former doctor until 2008. let me kick this off with you, doctor. you cared for pb, but you were not a fan of the health care legislation, why? >> insurance companies running the show, we know the cost of...
384
384
May 4, 2012
05/12
by
CNBC
tv
eye 384
favorite 0
quote 0
the 8.1%, obama administration arguing that it came down from 10% back in october of '09. the gop comes back and says, you know what, a lot of that decline is because of the decline in the participation rate. that one breaks over for the gop. what about job growth? much lower than expected. but the obama administration says you know what, we've done $1.8 million over the last year despite the low numbers. that goes over there. i'm not sure how much of a counter it's going to be because the gop says we have 5.1 million unemployed. that number is down the past several months. and over the average hourly earnings are up and 1.8% less than inflation. that breaks over there. the last remaining of the democrats, some of the decline we've had may have had unemployment rate, participation rate, still a ton of long-term unemployed people and they are not making a lot of money if they are actually working and then the unemployment number, the democrats argue, is down substantially. it's going to come back. that's what you have to rest your laurels on if you're a democrat, maria. >>
the 8.1%, obama administration arguing that it came down from 10% back in october of '09. the gop comes back and says, you know what, a lot of that decline is because of the decline in the participation rate. that one breaks over for the gop. what about job growth? much lower than expected. but the obama administration says you know what, we've done $1.8 million over the last year despite the low numbers. that goes over there. i'm not sure how much of a counter it's going to be because the gop...
267
267
Nov 30, 2012
11/12
by
CNBC
tv
eye 267
favorite 0
quote 0
make the case. >> we know spending has shot way up under president obama. what we know is the sbiet bl entitlement programs are unaffordable as they stand. doesn't mean we need to slash medicare today. i don't know anyone suggesting that. it does mean that this is the time, the opportunity to put in the reforms to slow the growth in those programs so we can afford them for the long run so, in fact, seniors can get the benefits they've been counting on and promising. we can't promise them that now because we can't afford these programs as they currently stand. the fiscal cliff creates the opportunity to force the reforms, to put in the reforms we all know need to be put in to place. that was what bowles/simpson was au about. it's not about today's deficit. it's about the future. the moment is now. >> what about the idea that dean is making. look, this is not the issue in terms of the debt and deficit. why are we putting this on the chopping block? >> well, he's right in one sense. president bush did a very effective job of bringing the budget deficit down un
make the case. >> we know spending has shot way up under president obama. what we know is the sbiet bl entitlement programs are unaffordable as they stand. doesn't mean we need to slash medicare today. i don't know anyone suggesting that. it does mean that this is the time, the opportunity to put in the reforms to slow the growth in those programs so we can afford them for the long run so, in fact, seniors can get the benefits they've been counting on and promising. we can't promise them...
198
198
Jul 10, 2012
07/12
by
CNBC
tv
eye 198
favorite 0
quote 0
if this causes a problem for the obama administration is a whole different question. they did not come into power until 2009. that said, mr. geithner and bernanke could be in for a couple more uncomfortable weeks. >> do we need more big banks? >> dick thinks we do and he explains why next, and we have a lot more heading your way here on "closing bell." >> is former new york attorney general elliott spitzer in trouble for bullying the former aig boss? and later, south dakota, south carolina, and virginia cracked the top five for business. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right advisor. that's merrill lynch. >>> big banks have been a target since the financial crisis. the next guest says they're critical to growing the economy. >> he saying the big banks serve to protect the dollar as the world reserve currency. he joins us now to make his case. you say big
if this causes a problem for the obama administration is a whole different question. they did not come into power until 2009. that said, mr. geithner and bernanke could be in for a couple more uncomfortable weeks. >> do we need more big banks? >> dick thinks we do and he explains why next, and we have a lot more heading your way here on "closing bell." >> is former new york attorney general elliott spitzer in trouble for bullying the former aig boss? and later, south...
347
347
Dec 29, 2009
12/09
by
CNBC
tv
eye 347
favorite 0
quote 0
these are more comments coming from president obama. he does acknowledge a systemic failure has occurred when it comes to the distribution of information. a mix of human and systemic failure at play. 30 minutes until the closing bell. the closing bell was a half hour ago. we have the wrong script there. we are going to be talking about -- let's go to julia boorstin is standing by. is it possible that some viewers who have time warner are not going to be able to watch fox? who is going to back down? >> that is the question. that is what we are waiting for. it is a faceoff between ne newscorps and time warner. both companies are investing in an aggressive ad campaign. newscorps demanding $1 per subscriber threatening to remove american idol and college bowl games from time warner cable. >> the broadcast networks because they've been stung by the recession and the advertising revenue slowdown they want to have some of the recuring monthly revenue to create content and offset advertising loss. >> time warner is willing to pay for network co
these are more comments coming from president obama. he does acknowledge a systemic failure has occurred when it comes to the distribution of information. a mix of human and systemic failure at play. 30 minutes until the closing bell. the closing bell was a half hour ago. we have the wrong script there. we are going to be talking about -- let's go to julia boorstin is standing by. is it possible that some viewers who have time warner are not going to be able to watch fox? who is going to back...
174
174
Dec 10, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 0
obama wants a 45% rate and $3.5 million cutoff. that's midway between today's rates and the old rate. now the problem is even some democrats are siding with republicans. they say they want to keep the current rates. so all sides here remain very far apart. this matters because wealthy families need to rewrite their wills, their charity plans. and for the country there are hundreds of billions of dollars of taxes at stake. it's also a hugely symbolic tax. the left says these estate taxes are important to curb family dynasties. and they also call it the paris hilton tax. the right says it's the death tax and says it hurts farmers and small businesses. the policy center says the top .1% pays half of the tax. farmers, well they account for only 1% of the tax. in reality it is a tax on the very wealthy. but both sides bill and mandy, digging in very hard. which means the debate over taxing the rich will not end even if we saw the income tax situation. >> stick around. we'd like to bring in a couple extra voices on this. while some are f
obama wants a 45% rate and $3.5 million cutoff. that's midway between today's rates and the old rate. now the problem is even some democrats are siding with republicans. they say they want to keep the current rates. so all sides here remain very far apart. this matters because wealthy families need to rewrite their wills, their charity plans. and for the country there are hundreds of billions of dollars of taxes at stake. it's also a hugely symbolic tax. the left says these estate taxes are...
242
242
Jan 12, 2010
01/10
by
CNBC
tv
eye 242
favorite 0
quote 0
it is hard for president obama to agent on those. the third is when president obama seeks to push the cap-and-trade bill in the senate. there is going to be -- a lot of the opponents are going to say, wait a minute. what we are doing is making binding american commitments. the chinese have made no such binding commitment. this leads to a direct loss of competitiveness to china. the obama administration is committed to building up cybersecurity apparatus. the main target is china. there are four issues out there looming for attention. >> gentlemen, thank you for this intriguing conversation. more to come. >>> the travel and leisure industry remains weak. why does hyatt think it is a good time to launch a new brand? we have a interview with thomas pritzker. back in a moment. okay. seriously, you choose. go national. go like a pro. >>> hyatt hotels went public at the new york stock exchange. this week it added to its portfolio. this comes at a time when the travel and leisure industry is still struggling, hyatt is in a stronger capital
it is hard for president obama to agent on those. the third is when president obama seeks to push the cap-and-trade bill in the senate. there is going to be -- a lot of the opponents are going to say, wait a minute. what we are doing is making binding american commitments. the chinese have made no such binding commitment. this leads to a direct loss of competitiveness to china. the obama administration is committed to building up cybersecurity apparatus. the main target is china. there are four...
181
181
Apr 7, 2010
04/10
by
CNBC
tv
eye 181
favorite 0
quote 0
well, the recently signed health care reform bill was a historic moment for the obama administration, but my next guest says it does not go far enough to encourage innovation. my next guest thinks it will kill the medical innovation, and he has two decades of experience in the venture capital investments, and served on the boards of more than 20 health care boards. thank you for joining me, harry. >> thank you. >>> and let's look at the tax placed on the medical device industry, because this is something that people are not necessarily thinking that this is front and center, but taxes being imposed on the health care industry is certainly something as important as anything else in terms of the bill, right? >> oh, absolutely. i think that if we look at start-ups where really the new ideas come from, and we are going to tax them from dollar one of revenue, independent of profitability, that changes the economics, changes the capital efficiency, changes the whole -- it does not sound like a lot of 2.9% does not sound like a lot, but when we get to how they exit, and you look at who purch
well, the recently signed health care reform bill was a historic moment for the obama administration, but my next guest says it does not go far enough to encourage innovation. my next guest thinks it will kill the medical innovation, and he has two decades of experience in the venture capital investments, and served on the boards of more than 20 health care boards. thank you for joining me, harry. >> thank you. >>> and let's look at the tax placed on the medical device industry,...
353
353
Jan 28, 2010
01/10
by
CNBC
tv
eye 353
favorite 0
quote 0
obama. they've been very disappointed so far this year. just a final point on the greek bonds, michelle, it's not a question of whether they're going to default. i don't hear that a lot. the problem is they're going to have to pay a lot of money to float the debt so those five-year-bond notes that greece floetd just a few days ago, 6.2%, now they're trading up at 6.6%. just in three or four days that really gets people's attention. >> right and if they're unable, of course, bob, to meet those interest rates ultimately that just exacerbateless the problem, right? >> reporter: it makes default more likely and sort of gets into a vicious circle but right now you can float them, you will just pay through the nose to do it. >> and we all thought that we'd be talking about earnings all day today and instead nearly anything but. thank you, guy, david, bob, and mr. mcteer. >>> coming up heading to davos to the prime minister of greece what that country's being doing, the fact that they've got massive debt problem, keep paying more and more and hig
obama. they've been very disappointed so far this year. just a final point on the greek bonds, michelle, it's not a question of whether they're going to default. i don't hear that a lot. the problem is they're going to have to pay a lot of money to float the debt so those five-year-bond notes that greece floetd just a few days ago, 6.2%, now they're trading up at 6.6%. just in three or four days that really gets people's attention. >> right and if they're unable, of course, bob, to meet...
420
420
Aug 3, 2012
08/12
by
CNBC
tv
eye 420
favorite 0
quote 0
of the bush spending, the obama regulation and the bush regulation. there's more to life than taxes. it's the overall burden of government and under bush and obama we are becoming more like europe. i don't want to be france, greece. >> i want to be america. thank you so much, we'll continue talking about this important topic. >>> small business, big health care expense, a local business owner that says he may keep hiring to a minimum because of a health care overhaul. and gabby douglas becoming a celebrity overnight. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclai
of the bush spending, the obama regulation and the bush regulation. there's more to life than taxes. it's the overall burden of government and under bush and obama we are becoming more like europe. i don't want to be france, greece. >> i want to be america. thank you so much, we'll continue talking about this important topic. >>> small business, big health care expense, a local business owner that says he may keep hiring to a minimum because of a health care overhaul. and gabby...
341
341
Apr 22, 2010
04/10
by
CNBC
tv
eye 341
favorite 0
quote 0
president obama in new york city today urging business leaders to support his push for tighter regulation of the financial services industry. in a moment, we are going to be breaking down all of that with the obama economic adviser austan goolsbee. we look at the dow jones industrial average finishing at 11,124. 0.66 is the number for amazon.com and the numbers are across the wires. the number was up 14 points higher and they report a profit of 0.66 a share on revenue of 7.13 billion. and the estimates were 0.61 and the company reporting a profit of 0.66 and the estimates were on $7.8 billion and the company reports revenue of $7.13 billion. we are looking at the stock trade as soon as the numbers are out, and as you can see, we are looking at the selling pressure here. the numbers on amazon out. 0.66 out on $7.3 billion in the first quarter. we are breaking down the numbers and telling you what drove the business for amazon.com and we have investor reaction as on amazon.com. as you can see, the revenues at 7.13 billion. over to bob pisani over at the floor of the nyse, and any reaction h
president obama in new york city today urging business leaders to support his push for tighter regulation of the financial services industry. in a moment, we are going to be breaking down all of that with the obama economic adviser austan goolsbee. we look at the dow jones industrial average finishing at 11,124. 0.66 is the number for amazon.com and the numbers are across the wires. the number was up 14 points higher and they report a profit of 0.66 a share on revenue of 7.13 billion. and the...
156
156
Nov 12, 2012
11/12
by
CNBC
tv
eye 156
favorite 0
quote 0
>> well, i think that's what's in effected going to effectively happen with obama care. i mean, you know, you're going to have a 3.8% surtax. i don't know. we'll see. maybe they'll kick the can down the road and we'll become greece. i don't know. >> oh, god. you have -- wow. robert, jump in here, from jensen investment management. i don't know if you heard that question. i've been asking everybody, given the fact dividend payers have been the only place to be because rates are so low and no place in this market to get a yield, unless dividend payers, is now time to unload them or do you want to stick with it and see what happens? >> our focus is different in the sense we continue to focus on companies that have higher return on invested capital. the r.o.e. that sets the stage for companies with strong balance sheets, dividend, share buy backs and then the acquisition. the companies with the higher return for at least one decade, are that they can do all these thing concurrently. we don't think you necessarily have to choose. now, certainly the tax impact will have some b
>> well, i think that's what's in effected going to effectively happen with obama care. i mean, you know, you're going to have a 3.8% surtax. i don't know. we'll see. maybe they'll kick the can down the road and we'll become greece. i don't know. >> oh, god. you have -- wow. robert, jump in here, from jensen investment management. i don't know if you heard that question. i've been asking everybody, given the fact dividend payers have been the only place to be because rates are so...
230
230
Mar 17, 2010
03/10
by
CNBC
tv
eye 230
favorite 0
quote 0
positive things in the point of view of the obama white house, but it hinges on getting the health care bill this weekend. >> thank you, john harwood, coverings the happenings here in washington. >>> meanwhile, 9 of the 10 largest banks who got t.a.r.p. money reduced lending in january. up next is karen mills the head of the u.s. small business administration telling us what is going on. do they have the access to capital and why not? >>> welcome back now, and a look at other stories covering on the "closing bell" ticket tonight. con coe phillips is close to announcing it will cut the stake in russia's oil in half in three years. they currently own 30% of lukoil meaning that half of the stake could raise $5 billion at the current price. check out the conocophillips shares. up 1.5% at 52.98. the state of new jersey approving gm's planned mirage sale in atlantic city. mgm is leaving the state after regulators raised concerns about their partners. they will put it in a divestiture trust. tonight the shares are down a fraction. bank of america, and merrill lynch closed the estimate earnings
positive things in the point of view of the obama white house, but it hinges on getting the health care bill this weekend. >> thank you, john harwood, coverings the happenings here in washington. >>> meanwhile, 9 of the 10 largest banks who got t.a.r.p. money reduced lending in january. up next is karen mills the head of the u.s. small business administration telling us what is going on. do they have the access to capital and why not? >>> welcome back now, and a look at...
284
284
Apr 3, 2012
04/12
by
CNBC
tv
eye 284
favorite 0
quote 0
wayne said that the obama administration policies were, quote, part of a massive obama conspiracy to deceive voters and hide his true intentions. what is the upset? >> i think it's more concern. there's really no regulation in the pipe that could really drive this. people are worried and that's creating a lot of strong gun sales, particularly at cabela's even though it's a small part of their business. >> do you agree with that worry? do you think the stocks have gotten ahead of themselves given these concerns? >> i think cabela's stocks have definitely gotten ahead of themselves. you've seen it span from 1 # 1 times to 15 times. i definitely think that they could pull it off. >> today was up 24 cents. >> yes. i think it's in the low 40s but at that price it's pretty fair value. expectations are starting to get pretty hot. >> jim, what's your expectation in terms of how things play out? how do you want to invest in this sector given the run-up that we've seen? do you still see opportunity in smith and wesson and stern ruger? >> you know, i do over the course of this year. with the pr
wayne said that the obama administration policies were, quote, part of a massive obama conspiracy to deceive voters and hide his true intentions. what is the upset? >> i think it's more concern. there's really no regulation in the pipe that could really drive this. people are worried and that's creating a lot of strong gun sales, particularly at cabela's even though it's a small part of their business. >> do you agree with that worry? do you think the stocks have gotten ahead of...
202
202
Sep 20, 2013
09/13
by
CNBC
tv
eye 202
favorite 0
quote 0
four democratic senators stabbing obama right in the back. so, that doesn't build a lot of confidence in the system. >> yeah. knowing what we've got in washington, are you expecting volatility going into the next couple of weeks? given the fact that we are probably going to see a fight over the debt ceiling. both sides are not moving on this. >> i don't think that was priced into the market, right? i think the market was so focused on fed and taper. you had a bit of relief right afterwards. i think part of the selloff today, and i think the volatility we'll see in the month end is just that. you know, fear of how this is going to play out. do the republicans feel more emboldened now that the president looks so weak. >> yeah. so, at the end of the day here, we're closing at the lows of the day, down 185 points on the dow joendz industrial average. i know you were on your way in. what's your observation at the end of the day, volume very strong, rebalancing. what was going on? >> i think you could wake up after we had a very dovish fed. then we
four democratic senators stabbing obama right in the back. so, that doesn't build a lot of confidence in the system. >> yeah. knowing what we've got in washington, are you expecting volatility going into the next couple of weeks? given the fact that we are probably going to see a fight over the debt ceiling. both sides are not moving on this. >> i don't think that was priced into the market, right? i think the market was so focused on fed and taper. you had a bit of relief right...
317
317
Jan 27, 2010
01/10
by
CNBC
tv
eye 317
favorite 0
quote 0
and finally the banking proposals out of obama administration. a number of major players in the banking industry told me, they have benefited from the pressures on u.s. banks. more of that coming up on the "closing bell." melissa, back to you. >> looking forward to it, thanks, maria. i'm melissa francis here at cnbc headquarters. the markets finishing the day mostly higher on what has been an extremely busy day on the news front. we've got stories that are impacting the nation from coast to coast. we have it all covered from wall street to washington to the heart of america's auto industry and then on into silicon valley. our steve liesman in our capital covering the contentious hearings surrounding timothy geithner's role in the aig bailout. we've got jim goldman in san francisco with the latest of apple's highly anticipated tablet. we've got our own phil lebeau in park ridge, illinois, following the latest developments following toyota's massive vehicle recall, that's a huge story. and hampton pearson is in washington with the details behind to
and finally the banking proposals out of obama administration. a number of major players in the banking industry told me, they have benefited from the pressures on u.s. banks. more of that coming up on the "closing bell." melissa, back to you. >> looking forward to it, thanks, maria. i'm melissa francis here at cnbc headquarters. the markets finishing the day mostly higher on what has been an extremely busy day on the news front. we've got stories that are impacting the nation...
221
221
Mar 22, 2012
03/12
by
CNBC
tv
eye 221
favorite 0
quote 0
president obama is pushing federal agencies to speed up a 485 mile pipeline. trans canada says it hopes to complete that $3.2 billion pipeline next year. the president is on a four-state tour and is defending his administration's energy policy. >> the fact is, that my administration has approved dozens of new oil and gas pipelines over the last three years, including one from canada. as long as i'm president, we're going to keep on encouraging oil development and infrastructure and we're going to do it in a way that protects the health and safety of the american people. we don't have to choose between one or the other. we can do both. >> well, the administration is facing some sharp criticism after it rejected the full keystone project back in january. those are due to environmental concerns and gas prices are climbing and continuing to climb. the panel of experts about 10 minutes from now. stay with us on this important story. meanwhile, light sweed crude oil lowered after disappointing manufacturing data. settled at a level of $105.35 a barrel. the dollar ge
president obama is pushing federal agencies to speed up a 485 mile pipeline. trans canada says it hopes to complete that $3.2 billion pipeline next year. the president is on a four-state tour and is defending his administration's energy policy. >> the fact is, that my administration has approved dozens of new oil and gas pipelines over the last three years, including one from canada. as long as i'm president, we're going to keep on encouraging oil development and infrastructure and we're...
617
617
Nov 8, 2012
11/12
by
CNBC
tv
eye 617
favorite 0
quote 0
that's one i know president obama has talked about. tim geithner has been adamantly opposed to that. you think that's going to happen, jared? >> first of all, the president has a plan to go down to 28%. it does not include territorial. i don't think we're going to go there. nor is anyone interested in repatriation. i would like diana to actually specify -- this is not a got ya. we can talk about this broadening the base. i would like her to specify loopholes that she would like to see closed. >> are you talking about individual or corporate? >> yeah, on the individual side. >> on the individual side i would suggest that people have a certain amount of deductions they can take and they can choose how to do it. so say we say it's $25,000 or $70,000 or $30,000. they can choose do they want to put home mortgage in there, do they want to put charitable dedd deductions in there. then we limit it that way instead of saying we're going to get rid of the charitable contributions. >> i think that's a good idea. >> so we agree on something, jared
that's one i know president obama has talked about. tim geithner has been adamantly opposed to that. you think that's going to happen, jared? >> first of all, the president has a plan to go down to 28%. it does not include territorial. i don't think we're going to go there. nor is anyone interested in repatriation. i would like diana to actually specify -- this is not a got ya. we can talk about this broadening the base. i would like her to specify loopholes that she would like to see...
334
334
Sep 19, 2012
09/12
by
CNBC
tv
eye 334
favorite 0
quote 1
the pro-obama super pac may have overshot in its new ad. >> victims? behind these doors, middle class families struggle and romney will make things even tougher, raising taxes by up to $2,000 to give multimillionaires a $250,000 tax break. >> as the saying goes, there you go again. romney has pledged not to raise taxes on the middle class. the $2,000 figure comes from a tax policy center analysis that assumes he keeps his promise to make his tax cuts revenue neutral. of course, until he provides specifics, opponents will happily try to fill in the blanks, as you just saw. remember, we want to hear from you. maria. >> all right, scott. thank you so much. the romney 47% controversy has put a new focus on our entitlement system in america. as we discovered something very interesting, even though the fiscal cliff is deemed to be draconian, spending cuts, and massive tax increases, we'd still have a deficit. the country still will have a $640 billion deficit for the year. again, that's with the spending cuts and the tax increases. $640 billion annual defici
the pro-obama super pac may have overshot in its new ad. >> victims? behind these doors, middle class families struggle and romney will make things even tougher, raising taxes by up to $2,000 to give multimillionaires a $250,000 tax break. >> as the saying goes, there you go again. romney has pledged not to raise taxes on the middle class. the $2,000 figure comes from a tax policy center analysis that assumes he keeps his promise to make his tax cuts revenue neutral. of course,...
165
165
Dec 4, 2012
12/12
by
CNBC
tv
eye 165
favorite 0
quote 0
ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >> oh, yeah. i think it will slow down again. i think people will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that's why we're not seeing prices come dow
ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >>...
258
258
Nov 9, 2012
11/12
by
CNBC
tv
eye 258
favorite 0
quote 0
i hope that president obama, you know, works on that. i think he has been working on that. >> and you've been traveling a lot. i know technology has been important as well. i want to get to that in a moment. you mentioned the fiscal cliff. let's stay there for a moment. what are the implications of going over the fiscal cliff. you've been vocal on this subject. you created a task force. you've take an lead in terms of fixing the debt. what are the implications of going off that fiscal cliff? >> let's separate the two. jpmorgan is one of a couple hundred companies getting involved in fix the debt. it's everybody. there's the long run. so fix the debt is more like a simpson-bowles solution. we need a solution. business generally has been supportive of a solution that fixes the problem. we just want a rational, thoughtful solution. the immediate one is this cliff, which is december 31st, midnight, $600 billion. a static analysis, which says the economy dropped by 3 or 4%. the world isn't static. before december 31st, you might see the effec
i hope that president obama, you know, works on that. i think he has been working on that. >> and you've been traveling a lot. i know technology has been important as well. i want to get to that in a moment. you mentioned the fiscal cliff. let's stay there for a moment. what are the implications of going over the fiscal cliff. you've been vocal on this subject. you created a task force. you've take an lead in terms of fixing the debt. what are the implications of going off that fiscal...
224
224
Oct 11, 2012
10/12
by
CNBC
tv
eye 224
favorite 0
quote 0
look for paul ryan to go after president obama. expect joe booiden to say to pa ryan that your running mate is trying to obscure his positions. it will be an interesting night. >> all right. thank you, john. we'll be watching for sure. catch the debate here on cnbc beginning at 7:00 p.m. eastern time. the best analysis before and after the debate, especially in this election when economic issues are so important. plus, you can vote on cnbc.com on who you thought won the debate. plus, we have our patented feed showing you who is saying what throughout the night. so this is the place to be. >> i don't think we'll have to worry about energy from either one of these candidates tonight. >> oh, no. this is going to be good for sure. >>> meantime, an incredible exclusive look inside the financial industry today from our own steve liesman in his interview with goldman sachs chairman and ceo and the co-chairs of the national commission on fiscal responsibility. they have become brand names in an of themselves. alan simpson and erskine bowle
look for paul ryan to go after president obama. expect joe booiden to say to pa ryan that your running mate is trying to obscure his positions. it will be an interesting night. >> all right. thank you, john. we'll be watching for sure. catch the debate here on cnbc beginning at 7:00 p.m. eastern time. the best analysis before and after the debate, especially in this election when economic issues are so important. plus, you can vote on cnbc.com on who you thought won the debate. plus, we...